Contemporary Accounting Research

最新文章

• The Relative Importance of Firm Incentives versus Country Factors in the Demand for Assurance Services by Private Entities AI翻译
  作者：Francis, Jere R.; Khurana, Inder K.; Martin, Xiumin; Pereira, Raynolde
  作者单位：University of Missouri System; University of Missouri Columbia; Washington University (WUSTL)
  摘要：A debate exists in the literature over the role of country-level institutions in shaping governance structures, and whether a firm's governance choices are voluntary and the result of firm-specific incentives, or if they are largely the consequences of broader institutional forces in a country. Specifically, do we observe good governance mainly in those countries with strong investor protection and well-developed financial markets, or can firms make voluntary improvements to their governance t...
• Wage Negotiation, Employee Effort, and Firm Profit under Output-Based versus Fixed-Wage Incentive Contracts AI翻译
  作者：Kuang, Xi (Jason); Moser, Donald V.
  作者单位：University System of Georgia; Georgia Institute of Technology; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
  摘要：We experimentally examine the effects of wage negotiation on employee effort and firm profit under an output-based contract versus a fixed-wage contract. With no information asymmetry in our setting, agency theory predicts that negotiation will have no benefit or cost for the firm under either contract. However, the participative management literature presumes that engaging employees in wage determination will increase their satisfaction and thus their effort and firm profit. Drawing on the re...
• Client Stock Market Reaction to PCAOB Sanctions Against a Big 4 Auditor AI翻译
  作者：Dee, Carol Callaway; Lulseged, Ayalew; Zhang, Tianming
  作者单位：University of Colorado System; University of Colorado Anschutz Medical Campus; University of Colorado Denver; Children's Hospital Colorado; University of North Carolina; University of North Carolina Greensboro; State University System of Florida; Florida State University
• Board Independence, Executive Pay, and the Adoption of Pet Projects AI翻译
  作者：Laux, Volker; Mittendorf, Brian
  作者单位：University of Texas System; University of Texas Austin; University System of Ohio; Ohio State University
  摘要：Recent concerns about executive actions and pay have shone a bright light on corporate governance practices and the role of boards in compensation design. In this vein, conventional wisdom vilifies boards with ties to executives and/or comprising insiders, citing them for rubber stamping executive pet projects and approving lavish pay. In this paper, we model the relationship between board dependence, pay, and project adoption and demonstrate that the connections among the three can be more su...
• Developing Good Measures to Advance Management Accounting and Control Research: A Discussion of Corporate Frugality: Theory, Measurement, and Practice AI翻译
  作者：Sandino, Tatiana
  作者单位：University of Southern California
• Double Loop Learning; or, Just Another Service to Sell: A Comment on The Case of Sustainability Assurance: Constructing a New Assurance Service AI翻译
  作者：Dillard, Jesse
  作者单位：Queens University Belfast; Portland State University
• Do Auditor-Provided Tax Services Improve the Estimate of Tax Reserves? AI翻译
  作者：Gleason, Cristi A.; Mills, Lillian F.
  作者单位：University of Iowa; University of Texas System; University of Texas Austin
  摘要：We examine whether auditor-provided tax services (ATS) improve the quality of financial reporting via knowledge spillover. Concerns about auditor independence prompted regulators to restrict auditor-provided nonaudit services. Despite the general failure of researchers to document a decrease in financial reporting quality associated with nonaudit services, ATS declined after the Sarbanes-Oxley Act, even though many such services are still permissible with audit committee approval. We investiga...
• The Use of Collaborative Interfirm Contracts in the Presence of Task and Demand Uncertainty AI翻译
  作者：Krishnan, Ranjani; Miller, Fabienne; Sedatole, Karen
  作者单位：Michigan State University; Worcester Polytechnic Institute
  摘要：This study uses insights from agency theory and transaction cost economics to examine inter-firm contracts. Specifically, we posit that uncertainty arising from either the nature of the task or from the demand environment is associated with firms incorporating their intent to collaborate in customer-supplier contracts. Task and demand uncertainty increase the influence of uncontrollable factors on performance, thereby making expected performance difficult to determine. This decreases the abili...
• Twenty-Fifth Anniversary of the Contemporary Accounting Research Conference Issue AI翻译
  作者：Salterio, Steven
• Cost Information and Pricing: Empirical Evidence AI翻译
  作者：Hsu, Sylvia Hsingwen
  作者单位：York University - Canada
  摘要：Prior research on whether to include allocated capacity cost in pricing is still inconclusive, because economic theory considers this cost to be sunk cost and accounting research suggests that it can proxy for the opportunity cost of capacity usage. This study examines how expected capacity utilization and demand variability affect the association between allocated capacity costs and prices. Empirical analysis of 7,746 service observations from private hospitals in California indicates that hi...